{"id":284801,"date":"2025-07-23T09:01:14","date_gmt":"2025-07-23T09:01:14","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/284801\/"},"modified":"2025-07-23T09:01:14","modified_gmt":"2025-07-23T09:01:14","slug":"average-daily-uk-fx-turnover-reached-record","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/284801\/","title":{"rendered":"Average Daily UK FX Turnover Reached Record"},"content":{"rendered":"<p class=\"u-text-m u-line-h-m\">In April 2025, 25 financial institutions active in the UK foreign exchange (FX) market participated in the semi-annual turnover survey for the Foreign Exchange Joint Standing Committee (FXJSC). The survey results are summarised below. Detailed tables for the April 2025 reporting period are available separately.<\/p>\n<p class=\"u-text-m u-line-h-m\">The main findings of the survey are:<\/p>\n<ul>\n<li>During April 2025, uncertainty surrounding global trade policies led to high levels of activity and volatility across financial markets, including FX. The average daily UK FX turnover reached a record high of $4,045 billion, representing a 26% increase relative to turnover recorded in the October 2024 survey. This constituted the largest survey-on-survey increase since 2013.<\/li>\n<li>On a year-on-year basis, FX turnover in April 2025 increased by 20%, when compared to the April 2024 survey.<\/li>\n<li>Growth across instruments was broad, but mainly led by spot which increased by 42% compared to the October 2024 survey to $1,293 billion. FX swaps increased to $1,563 billion, up by 11% in comparison to the October 2024 survey and remained the most traded instrument by volume. FX options volumes reached $350 billion, up 52% from the October 2024 survey.<\/li>\n<li>Market share of the top three traded currency pairs: EUR\/USD, USD\/JPY and GBP\/USD remained broadly in line with previous surveys. EUR\/USD continued to be the most traded currency pair in London, with an average daily turnover of $1,010 billion, making up 25% of overall FX turnover in April 2025.<\/li>\n<li>Since April 2008, overall FX turnover has risen steadily from $1,815 billion to $4,045 billion.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"In April 2025, 25 financial institutions active in the UK foreign exchange (FX) market participated in the semi-annual&hellip;\n","protected":false},"author":2,"featured_media":59766,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3091],"tags":[51,2441,16,15],"class_list":{"0":"post-284801","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-markets","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114901738295174306","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/284801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=284801"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/284801\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/59766"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=284801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=284801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=284801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}